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Declaration of interim dividend

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(Querist)
07 August 2012 Whether interim dividend paid on 31/03/2012 pertains to YE 2012 or 2013??
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CA Sumiit B Nagpal

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CA Sumiit B Nagpal (Expert)
07 August 2012 Year 2012
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sriram

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sriram (Querist)
07 August 2012 Even if theres no provision in year 2012?
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CA Sumiit B Nagpal

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CA Sumiit B Nagpal (Expert)
07 August 2012 Yes. Interim dividend is dividend paid between 2 AGMs.
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sriram

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sriram (Querist)
07 August 2012 But section 205 says interim dividend can be paid first and appropriated later

So wat if i provide for 2013
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CA Sumiit B Nagpal

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CA Sumiit B Nagpal (Expert)
07 August 2012 If you have to pay interim dividend for the year 2013, then you have to appropriate it in the annual a/cs of 1.4.2012 to 31.3.2013.
If you have paid dividend on 31.3.2012, it means it is the dividend for year 2012

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